Business owners have found themselves dealing with a lot of changes around health care benefits for employees since the Affordable Care Act became law. Among those changes is the new emphasis being put on employee wellness programs as part of their benefits packages.
There are many ways to design and implement employee wellness programs. One of the most important ways is to address stress with information on lifestyle management. Of the wellness programs that include lifestyle management, 52% focus on helping employees manage and prevent stress.
The benefits to this focus extend to other health improvements, as well. Seven of the top 10 health problems related to stress (as reported by WebMD) are commonly addressed in an employee wellness program. Considering the cost to employers in stress-related health care and missed work, the importance of these programs is understated.
What is one of the top reasons your employees are stressed? Their finances! In fact, a recent About Health poll showed that approximately 7 out of 10 were “very stressed about money.” With the rising costs of basic necessities like food and the recent mortgage crisis, it stands to reason that your employees are still financially anxious.
A personal financial literacy program can help your employees deal with the most commons causes of financial stress such as budgeting and debt management. Implementing this type of wellness program will make your wellness programs a success.
Does your wellness program include personal financial literacy? How can you add this benefit without incurring more costs? Learn more about financial wellness programs with our Moneywise Employee Guide.
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